Business

The S-P BSE Sensex and NSE Nifty 50 indices rebounded in the last hour of trade on report that the United States and China moved closer to agreeing on the amount of tariffs to be rolled back in a phase-one trade deal, Bloomberg reported on Wednesday, citing sources. For most part of the day, the

Country's gold imports in November jumped 78 per cent from a month earlier to the highest level in five months as jewellers in the world's second-biggest market for the metal restocked after a fall in prices, a government source said on Tuesday.

Higher imports by the South

The S-P BSE Sensex and NSE Nifty 50 indexes extended declines in noon deals mirroring losses in other Asian markets after US President Donald Trump stunned markets with tariffs against imports from Brazil and Argentina, recharging fears about global trade tensions, while weak US factory data added to the investor gloom. The S-P BSE Sensex

Gold has occupied a prominence place in human civilization. The recorded history of gold dates back to ancient Egypt around 3,000 B.C. Gold was much sought by pharaohs and temple priests alike, and was used to create both jewelry and idols for worship. Back

Amidst criticism over a free fall in the Gross Domestic Product (GDP) growth rate, Finance Minister Nirmala Sitharaman on Tuesday said that the government is committed to take up further reform measures in the economy.

Speaking at the India-Sweden Business Summit, Ms Sitharaman

The S-P BSE Sensex and NSE Nifty 50 indexes edged lower in trade on Tuesday mirroring losses in other Asian markets after US President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade

India's dominant services sector bounced back to growth in November, expanding at its fastest pace in four months, driven by a strong pick-up in new business, a private sector survey showed on Wednesday.

The Nikkei/IHS Markit Services

Vodafone Idea has increased tariffs for prepaid customers. The new prepaid plans, effective from today, follows record loss by the company for the quarter ended September 30 due to huge provisions towards clearance of dues owed to the Department of

Asian shares skidded on Tuesday after US President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak US factory data added to the investor gloom.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.45 per cent in early trade, with Australian

More than 92,000 employees of BSNL and MTNL have opted for voluntary retirement, Union minister Ravi Shankar Prasad said on Wednesday as he asserted that the government will make the two telecom companies profitable as they are strategic assets.

The S-P BSE Sensex and NSE Nifty 50 indexes ended lower in trade on Tuesday weighed down by selling pressure in heavyweights like HDFC Bank, Axis Bank, Larsen - Toubro, IndusInd Bank, Tata Steel and Hindustan Unilever. The benchmarks had opened lower

HDFC Bank customers were not able to log in to its net banking and mobile banking applications due to technical glitch, the country's largest private sector lender said on its official twitter handle HDFC Bank Cares. Due to a technical glitch, some of our

Automobile major Maruti Suzuki will increase vehicle prices from January 2020.

According to the company, the price increase is necessitated on account of increase in input cost.

Besides, the auto major said the "price increase shall vary for different models".

"Over the past

The Supreme Court on Monday directed thousands of Amrapali home buyers to pay outstanding amounts by January 31 either in installments or at one go for speedy completion of all stalled projects.

The top court asked 28 banks, who have entered into agreements directly with home buyers or through the Amrapali Group for financing homes, to disburse the

Kerala-based private sector lender CSB Bank had a bumper listing on Wednesday morning. The CSB bank share debuted on the Bombay Stock Exchange (BSE) at Rs 275, which marked a premium of 41 per cent over the issue price of Rs 195. The CSB bank share ended the day

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts, according to the Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly owned

The Lok Sabha on Monday passed a Bill to replace an Ordinance for effecting reduction of corporate tax rates.

Taxation Laws (Amendment) Bill, 2019, will amend the Income Tax Act 1961 and the Finance (No 2) Act 2019. It replaces the Ordinance which was promulgated by the President in September.

In the biggest reduction in 28 years, the government in

Google CEO Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Mr Page and Sergey Brin at the company they co-founded 21 years ago.

"While it has been a tremendous

Five interest rate cuts since the start of the year hasn't stopped country's economy from slowing to its weakest growth rate since 2013, but the country's central bank is expected to make its sixth cut on Thursday to give what little relief it can.

Growing by 4.5 per cent annually in the June-September quarter, down from 7 per cent a year earlier,

The National Company Law Tribunal's (NCLT) Mumbai bench on Monday admitted the RBI's application for the initiation of insolvency proceedings against the cash-strapped Dewan Housing Finance Corporation Ltd (DHFL).

The Reserve Bank of India had on Friday filed an application in the NCLT bench for initiation of the corporate insolvency resolution

Global rating agency S-P has reaffirmed sovereign rating of India with stable outlook, Economic Affairs Secretary Atanu Chakraborty said on Tuesday.

The rating action comes weeks after another global agency Moody's Investors Service lowered the country's

HDFC Bank customers are unable to use the bank's net banking facility for second day in a row. While trying to log in to the HDFC net banking, customers are landing on a page that reads,  "Dear User, the NetBanking system is busy processing heavy

Gross direct tax collection increased by 5 per cent till November, Finance Minister Nirmala Sitharaman said on Monday as she allayed fears of corporate tax reduction impacting revenue collection.

Replying to a debate on Taxation Law Amendment

Seeking to ensure aviation biggies participate in the bidding for Air India sale, the government may dilute substantial ownership and effective control (SOEC) clause in the FDI guidelines for the airline sector.

Official sources said the Department for

Money can be broadly made in two ways, viz. working hard or making assets work for you. Making money through hard work has been a truism for times immemorial. It is a different matter that depositing the hard-earned money in one's back-pocket or even in a saving scheme may not be such a

The Supreme Court on Monday directed National Buildings Construction Corporation (NBCC) Ltd. to commence and complete the work of eight projects involving 11, 258 home units in Noida and Greater Noida, and start handing over possession to the buyers.

Th

Public sector banks disbursed a record Rs 4.91 lakh crore of loans during the festive months of October and November, the finance ministry said on Tuesday.

In a bid to boost consumption and revive the economy, Finance Minister Nirmala Sitharaman in September

HDFC Bank Ltd., India's most valuable lender by market capitalization, sees tentative signs of a revival in rural areas at a time when the wider economy is sputtering.

"The recent loan outreach programs underway in rural areas have given us the sense that the consumption in

In the heart of New Delhi's largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.

"Amazon, Flipkart!" one merchant after another shouts into a microphone from a small stage in Sadar Bazaar's central traffic